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COBRA #2

Operated by SABINE ENERGY INC. (P-5 103925) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212964District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Jun 2005 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
252
no gaps in the span
Streams
2
condensate, gas

The MINDEN (COTTON VALLEY CONS.) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: “EXCEPTION TO SWR51(A) 30 DAY RULE.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-02-27164739
NGPA1none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition5,312 bbl$356,344
GasProduction1,086,787 Mcf$6,432,636
Total$6,788,980

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.0857, -94.7133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08571, -94.71333 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,950 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,950 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-40133502110,950 ftJun 2005——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (252)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

252 months

May 20260386106.413.05$1,176
Apr 2026022398.932.87$640
Mar 2026054389.753.15$1,710
Feb 2026046463.503.75$1,740
Jan 2026059059.138.00$4,719
Dec 2025062456.664.41$2,754
Nov 2025057658.593.93$2,262
Oct 2025060259.383.30$1,990
Sep 2025098262.743.08$3,022
Aug 2025063663.933.01$1,917
Jul 2025076166.743.32$2,523
Jun 2025061966.483.13$1,937
May 2025065260.553.23$2,107
Apr 2025061762.363.54$2,186
Mar 2025063967.704.27$2,727
Feb 2025058670.884.34$2,544
Jan 2025066574.324.28$2,845
Dec 2024062268.993.12$1,941
Nov 2024066569.052.20$1,462
Oct 2024068571.372.28$1,563
Sep 2024067969.612.36$1,605
Aug 2024070575.632.06$1,455
Jul 2024072279.932.15$1,550
Jun 2024070578.082.63$1,857
May 2024073378.812.20$1,611
Apr 2024074884.451.66$1,241
Mar 2024074380.301.55$1,148
Feb 2024074976.091.78$1,336
Jan 2024082373.023.30$2,714
Dec 2023083271.262.61$2,172
Nov 2023084877.892.81$2,381
Oct 2023085885.443.09$2,649
Sep 2023071889.042.74$1,964
Aug 2023082080.522.67$2,192
Jul 2023088074.852.64$2,325
Jun 2023093368.962.26$2,107
May 2023096470.622.23$2,147
Apr 2023090678.122.24$2,027
Mar 2023094472.852.39$2,259
Feb 2023088675.112.47$2,185
Jan 2023096976.533.39$3,283
Dec 2022094876.415.73$5,431
Nov 2022089585.005.65$5,053
Oct 2022098387.185.86$5,764
Sep 2022093584.888.16$7,633
Aug 202201,01594.529.13$9,264
Jul 202201,032101.587.54$7,783
Jun 202201,064115.097.98$8,488
May 202201,147109.378.43$9,673
Apr 202201,215104.226.84$8,308
Mar 202201,413108.885.08$7,173
Feb 202201,66991.054.86$8,109
Jan 2022098281.844.54$4,456
Dec 2021048171.323.90$1,875
Nov 2021046777.435.24$2,446
Oct 2021051479.795.71$2,937
Sep 2021056469.865.35$3,018
Aug 2021071366.024.22$3,009
Jul 2021057970.783.98$2,306
Jun 2021059769.493.38$2,018
May 2021065963.483.02$1,989
Apr 2021098860.362.76$2,725
Mar 202101,06761.302.72$2,899
Feb 2021066157.805.55$3,667
Jan 202101,22250.412.81$3,434
Dec 202001,12444.642.68$3,007
Nov 202001,39438.772.71$3,773
Oct 202001,27036.972.48$3,148
Sep 202001,05037.091.99$2,091
Aug 202001,34139.982.39$3,198
Jul 202001,35438.371.83$2,471
Jun 202001,14034.901.69$1,927
May 202001,59616.921.81$2,896
Apr 202001,39014.751.80$2,508
Mar 202001,76530.341.86$3,276
Feb 202001,60449.881.98$3,177
Jan 202001,74357.252.09$3,651
Dec 201901,51459.012.30$3,489
Nov 201901,81355.302.75$4,987
Oct 201901,55553.472.42$3,761
Sep 201901,43755.052.66$3,819
Aug 201901,97153.112.30$4,542
Jul 201901,90856.272.46$4,694
Jun 201901,39552.782.49$3,475
May 201901,76358.482.74$4,831
Apr 201901,72062.632.75$4,731
Mar 201902,02556.803.06$6,201
Feb 201902,42350.852.79$6,766
Jan 201901,72146.033.23$5,556
Dec 201801,74346.594.19$7,295
Nov 201801,66552.934.24$7,055
Oct 201801,93461.443.40$6,572
Sep 201801,96059.543.11$6,092
Aug 201802,14159.403.07$6,566
Jul 201802,40165.142.93$7,039
Jun 201802,19960.183.08$6,766
May 201802,22665.382.90$6,457
Apr 201802,14963.842.90$6,234
Mar 201802,32261.222.79$6,471
Feb 201802,08461.782.77$5,765
Jan 2018422,46062.874.01$12,503
Dec 20171852,24957.272.92$17,165
Nov 20171592,30555.423.12$16,000
Oct 20171252,53749.292.98$13,731
Sep 20171182,47247.523.09$13,239
Aug 2017562,65345.373.00$10,511
Jul 20171012,80043.873.09$13,075
Jun 201702,77142.493.09$8,555
May 201702,93345.373.26$9,572
Apr 201702,83747.933.21$9,111
Mar 201702,89846.772.98$8,647
Feb 201702,67050.452.95$7,883
Jan 201702,94049.413.42$10,051
Dec 201652,99848.763.72$11,405
Nov 2016143,04542.492.64$8,647
Oct 2016743,39346.193.09$13,903
Sep 2016722,19641.553.10$9,801
Aug 2016593,17441.442.92$11,727
Jul 2016562,66341.622.92$10,118
Jun 2016662,70045.352.69$10,245
May 2016502,87142.521.99$7,842
Apr 2016492,67236.561.99$7,112
Mar 2016662,71933.011.79$7,057
Feb 201602,38626.472.06$4,924
Jan 201603,16527.352.36$7,483
Dec 201502,86932.362.00$5,742
Nov 201523,03938.792.17$6,664
Oct 201543,17643.552.43$7,881
Sep 201542,71042.992.76$7,647
Aug 201542,68640.162.87$7,876
Jul 2015232,86148.152.95$9,533
Jun 2015293,43856.152.88$11,540
May 2015272,82655.212.96$9,843
Apr 2015263,13749.822.71$9,786
Mar 2015493,23242.892.93$11,587
Feb 2015393,19144.662.98$11,239
Jan 2015323,44043.433.10$12,056
Dec 2014293,62354.693.59$14,598
Nov 2014223,61270.464.25$16,908
Oct 2014303,55578.303.90$16,217
Sep 2014273,43486.164.05$16,218
Aug 2014403,49489.394.04$17,674
Jul 2014283,38996.564.18$16,868
Jun 2014373,30998.164.74$19,306
May 2014433,66094.734.73$21,373
Apr 2014343,21895.944.81$18,738
Mar 2014523,44995.895.06$22,427
Feb 2014293,21897.406.19$22,750
Jan 2014693,42790.404.86$22,895
Dec 2013493,34891.824.35$19,078
Nov 2013553,32388.853.74$17,309
Oct 2013353,28797.423.78$15,832
Sep 2013153,090104.113.72$13,049
Aug 2013233,899104.253.52$16,132
Jul 2013414,419102.523.72$20,632
Jun 2013264,39094.403.93$19,722
May 2013314,66894.834.15$22,308
Apr 2013594,02993.964.28$22,798
Mar 2013234,13593.623.91$18,333
Feb 2013643,29391.233.42$17,100
Jan 2013384,65791.603.42$19,407
Dec 2012224,43086.773.42$17,060
Nov 2012373,95086.953.62$17,536
Oct 2012484,86689.383.40$20,833
Sep 2012223,67994.672.92$12,820
Aug 2012494,52592.662.91$17,700
Jul 2012264,59385.133.02$16,088
Jun 201294,59679.822.52$12,296
May 2012344,58791.612.49$14,529
Apr 2012163,820101.652.00$9,254
Mar 2012124,950105.052.22$12,260
Feb 2012143,942101.102.57$11,547
Jan 2012215,12398.092.73$16,067
Dec 2011314,45296.873.24$17,426
Nov 201195,11095.723.31$17,782
Oct 201104,95084.983.65$18,060
Sep 2011304,69283.623.99$21,210
Aug 2011254,72083.404.15$21,670
Jul 2011194,69694.144.52$23,002
Jun 2011364,74992.904.64$25,379
May 2011135,02098.134.40$23,388
Apr 2011314,432105.964.33$22,490
Mar 2011214,76496.364.06$21,353
Feb 2011274,72085.644.18$22,042
Jan 2011235,26486.504.59$26,145
Dec 2010345,63585.734.35$27,414
Nov 2010145,37580.843.80$21,532
Oct 2010295,73278.103.51$22,378
Sep 2010135,40972.633.98$22,469
Aug 2010576,06073.684.42$30,981
Jul 201096,34872.554.74$30,720
Jun 2010176,09470.364.91$31,120
May 2010146,25571.124.24$27,487
Apr 2010176,26981.694.12$27,234
Mar 2010266,49678.394.39$30,547
Feb 2010175,93073.585.44$33,524
Jan 2010186,12974.365.96$37,892
Dec 2009156,36971.445.48$35,998
Nov 2009146,29074.593.75$24,641
Oct 2009156,44972.544.11$27,595
Sep 2009226,33365.543.06$20,851
Aug 200986,83667.423.22$22,541
Jul 2009167,16661.133.46$25,805
Jun 2009167,09666.163.90$28,697
May 2009197,65654.743.93$31,096
Apr 2009157,01746.773.59$25,875
Mar 2009267,00142.144.06$29,513
Feb 2009167,11532.814.63$33,489
Jan 2009167,68035.865.37$41,823
Dec 2008177,53137.105.98$45,645
Nov 2008107,70455.496.86$53,407
Oct 200888,46875.246.92$59,217
Sep 2008127,732101.767.88$62,127
Aug 2008118,840114.228.48$76,246
Jul 200898,856131.0811.39$102,045
Jun 2008119,070131.3313.03$119,651
May 2008109,545123.1711.57$111,708
Apr 2008119,578110.3110.45$101,350
Mar 20081210,178101.909.66$99,584
Feb 20081910,09592.538.77$90,297
Jan 2008711,00890.388.21$90,961
Dec 20071511,48188.337.30$85,159
Nov 2007612,11391.677.29$88,874
Oct 20072212,45582.856.92$88,036
Sep 2007612,55775.846.24$78,863
Aug 200716513,93569.066.39$100,411
Jul 200719415,20970.906.39$110,909
Jun 20071815,57362.007.55$118,668
May 200717217,24458.747.85$145,405
Apr 200718919,13659.617.81$160,627
Mar 200725626,27256.927.30$206,409
Feb 200753723,39155.108.22$221,769
Jan 200709,59450.306.73$64,537
Dec 20060056.656.92$0
Nov 200605,72754.207.62$43,625
Oct 200606,73854.906.01$40,521
Sep 20061156,80960.085.04$41,207
Aug 200607,26068.717.34$53,288
Jul 200607,75769.376.34$49,201
Jun 200607,51466.286.38$47,968
May 200608,82666.016.42$56,707
Apr 200609,28064.397.36$68,305
Mar 2006010,29056.707.08$72,883
Feb 2006010,02657.597.75$77,713
Jan 2006712,35460.598.93$110,786
Dec 2005012,94854.9413.42$173,703
Nov 2005013,02754.6910.59$137,935
Oct 2005016,23658.3413.80$223,988
Sep 2005019,32661.4512.08$233,439
Aug 2005026,30561.519.80$257,706
Jul 2005034,87155.697.84$273,516
Jun 200503,56852.337.38$26,336

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  386 Mcf  × $  3.05 =     $1,176

────────────────────────────────────────────────────
Month total                                   $1,176

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/212964 is the state's own key, not one this site invented.